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Test Bank For Investments 9th Canadian Edition By Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian

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Test Bank For Investments 9th Canadian Edition By Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian Chapter 1-28 Chapter 01 The Investment Envi... ronment Multiple Choice Questions 1. The material wealth of a society is a function of A. all financial assets. B. all real assets. C. all financial and real assets. D. all physical assets. Accessibility: Keyboard Navigation Blooms: Remember Difficulty: Easy Learning Objective: 01-01 Real Assets versus Financial Assets. Topic: 01-01 Real Assets versus Financial Assets 2. _______ are real assets. A. Land B. Machines C. Stocks and bonds D. Knowledge E. Land, machines, and knowledge Land, machines and knowledge are real assets; stocks and bonds are financial assets. Accessibility: Keyboard Navigation Blooms: Remember Difficulty: Easy Learning Objective: 01-01 Real Assets versus Financial Assets. Topic: 01-01 Real Assets versus Financial Assets 1-2 3. The means by which individuals hold their claims on real assets in a well-developed economy are A. investment assets. B. depository assets. C. derivative assets. D. financial assets. E. exchange-driven assets. Financial assets allocate the wealth of the economy. Example: it is easier for an individual to own shares of an auto company than to own an auto company directly. Accessibility: Keyboard Navigation Blooms: Remember Difficulty: Easy Learning Objective: 01-01 Real Assets versus Financial Assets. Topic: 01-01 Real Assets versus Financial Assets 4. _______ are financial assets. A. Bonds B. Machines C. Stocks D. Bonds and stocks E. Bonds, machines, and stocks Machines are real assets; stocks and bonds are financial assets. [Show More]

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